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SL Green Realty has signed three new leases at One Vanderbilt Avenue, its trophy skyscraper, bringing the property to 79% occupancy. The new tenants include MSD Partners, which is taking 35,567-square-foot in a 15-year lease covering the entire 26th floor, and Mamoura Holdings, which has signed a 28,448 square foot, 10-year lease covering the entire 51st floor.  The third lease was inked by Nearwater Management for 17,289 square feet, in a 7-year lease covering a portion of the 33rd floor. 

One Vanderbilt Avenue also has several more leases in the pipeline, according to the REIT. CEO Marc Holliday told Bloomberg that if these six leases close the building will be close to 90% occupancy. 

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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